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U.S. WCoast Products - Gasoline gains

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Tue Jan 18, 2011 6:56pm EST

 HOUSTON, Jan 18 (Reuters) - Los Angeles market wholesale
gasoline gained a penny per gallon on Tuesday as the January
contract neared the end of its trading period, dealers said.
 January-delivery CARBOB gasoline finished at a
3-cent-per-gallon discount to NYMEX February RBOB gasoline in
L.A., having opened as low as 7 cents under. January L.A.
CARBOB finished on Friday at 4 cents under.
 San Francisco Bay market CARBOB traded at a 1.5-cent
discount to NYMEX RBOB.
 February L.A. CARBOB sold at 7.5 cents a gallon on top of
NYMEX March RBOB.
 Portland gasoline weakened to a bid-offer spread of 3 cents
under/1 cent over February NYMEX RBOB.
 West Coast refined products prices spiked last week due to
the temporary shutdown of the Trans Alaska Pipeline. A leaking
section of the pipeline was repaired over the weekend, and
crude began flowing through it on Monday.
 Los Angeles January CARB diesel was in a bid-offer spread
at 3 cents/1 cent under February NYMEX heating oil. In San
Francisco, CARB diesel was even to L.A.
 L.A. January EPA-grade ultra-low-sulfur diesel rose 3 cents
to 6 cents/3 cents under February NYMEX heating oil.
 Los Angeles market jet fuel stayed unchanged at 2 cents
under/1 cent over NYMEX heating oil.
 Diesel in Portland was down a penny at 3 cents under/1 cent
over NYMEX heating oil.
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 (Reporting by Erwin Seba; Editing by Dale Hudson)






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